The 11 Best Shopify Accounting Apps for Your Store

Managing the finances of your Shopify store can often feel like navigating a maze. With countless transactions, taxes, and inventory to track, it's easy to get overwhelmed. But fear not! Enter the world of Shopify accounting apps—your new best friends in streamlining accounting management.

In this post, we’ll dive into the top 11Accounting Apps for Shopify Store, designed to take the stress out of bookkeeping and let you focus on what you do best: growing your business. Whether you’re a seasoned store owner or just starting, our expert recommendations will help you find the perfect app to keep your finances in check. Let's get started!

What is the Shopify Accounting App?

A Shopify accounting app is a specialized software tool designed to integrate seamlessly with your Shopify store, helping you manage your finances with ease and accuracy. These apps are built to handle the unique challenges of e-commerce accounting, offering features that automate and simplify tasks such as tracking sales, managing inventory, processing payments, and generating accounting reports.

Unlike traditional accounting software, Shopify accounting apps are designed to meet the requirements of businesses. They can automatically sync your store’s data, provide real-time insights into your accounting health, and ensure you comply with tax regulations. Whether dealing with daily transactions or preparing for tax season, a good accounting app can save you time, minimize mistakes,and give you a clearer picture of your store’s performance.

Integrating an accounting app with your Shopify store provides access to robust tools that help you make informed business decisions, optimize cash flow, and drive growth. In the following sections, we’ll explore why these apps are essential for your store and quickly compare the top options available.

Why do you need Shopify Accounting Apps?

Running a successful Shopify store involves more than just great products and marketing. Behind the scenes, effective accounting management is crucial to ensure your business thrives. Here’s why you need Shopify accounting apps to keep your store’s finances in check:

Automate Tedious Tasks: Manual bookkeeping can be time-consuming and error-prone. Shopify accounting apps automate tasks like recording sales, tracking expenses, and managing invoices. This automation saves you hours of work and reduces the risk of costly mistakes.

Real-Time Accounting Insights: Monitoring your store’s accounting health is essential for making informed decisions. Accounting apps provide real-time insights into your sales, profits, and expenses, helping you understand your cash flow and make strategic business moves.

Simplify Tax Compliance: Navigating tax regulations can be complex and stressful. Shopify accounting apps help you stay compliant by automatically calculating sales tax, generating tax reports, and keeping accurate records. This ensures you’re always prepared for tax season without the last-minute scramble.

Improve Inventory Management: Effective inventory management is critical to smooth operations. Accounting apps integrate with your Shopify store to track inventory levels, manage stock, and alert you when it’s time to reorder. This helps prevent stockouts and overstock situations, ensuring you always have the proper inventory.

Streamline Accounting: Generating accounting reports manually can be daunting. Shopify accounting apps simplify this by providing customizable reports on your store’s performance. Whether you require profit and loss statements, balance sheets, or cash flow reports, these apps make it easy to get a clear picture of your financial status.

Enhance Cash Flow Management: Managing cash flow is crucial for maintaining your business's accounting health. Accounting apps help you monitor incoming and outgoing cash, manage payments, and forecast future cash flow. This allows you to plan better and avoid cash shortages that impact your operations.

Save Time and Focus on Growth: These apps free up your time by automating accounting processes and providing accurate accounting data. This allows you to focus on growing your business, developing new products, and enhancing customer experience rather than getting bogged down by accounting details.

Investing in a Shopify accounting app is an investment in your business's future. It brings efficiency, accuracy, and peace of mind, letting you manage your finances like a pro and concentrate on what matters most—driving your store’s success.

Quicks comparisons of Top Accounting Apps for Shopify

The 11 Best Shopify Accounting Apps

1. Data Export IO: Reports

Data Export is a robust tool designed to automate and enhance accounting for your Shopify store. It provides comprehensive pre-made reports covering essential aspects such as Sales, Taxes, Inventory, POS, Payouts, Orders, Customers, and Refunds. With advanced features like Report Builder and Scheduler, Data Export simplifies generating and managing reports, allowing you to filter, export, and send detailed  accounting data effortlessly.

Highlight Features:

• Accounting tools: Generate reports in versatile formats such as CSV, Excel, and PDF, ensuring compatibility with various accounting analysis tools.
• Pre-made Accounting Reports: Access various pre-built reports for Sales, Products, Payouts, POS, and more, offering insights into every facet of your store’s accounting performance.
• Report Builder: Create customized accounting reports with live record previews, line item details, custom fields, and options to summarize accounting data by week, month, or quarter.
• Advanced Filters: Apply multiple conditions to refine reports, ensuring you retrieve the accounting data you need for thorough accounting analysis.
• Column Management: Control your report layout by freezing, filtering, renaming, sorting, cloning, and hiding fields to tailor accounting data presentation.
• Scheduler: Automate report delivery via email, FTP, or Google Sheets/Drive on basic or advanced schedules, enhancing efficiency.
• Password Protected: Secure reports with password protection to restrict access and safeguard sensitive business information.

Pros:

• Offers a wide range of detailed pre-made accounting reports.
• Customizable report building with advanced filtering and column management.
• Supports multiple file formats for flexible accounting data exporting.
• Automates report scheduling and delivery for convenience.
• Includes free expert assistance for setup and troubleshooting.

Cons:

• It might have a learning curve for users unfamiliar with advanced accounting tools.
• Password protection adds an extra step for security, requiring more management effort.

Pricing:

• Free
• Basic Shopify: $7/month
• Shopify: $12/month
• Advanced Shopify: $25/month

Rating: 5/5 (2,190 reviews)

2. Report Pundit

Report Pundit offers a flexible accounting system tailored for Shopify stores, allowing users to access and create custom reports for various aspects of their business. From sales and inventory to taxes and customer data, Report Pundit provides pre-made reports and tools for building custom reports, including live chat support for assistance. It also offers features for cohort analysis, visual charts, and dashboards, catering to diverse accounting needs across multiple stores and integrating seamlessly with third-party applications.

Highlight Features:

• Premade Accounting Reports: Access ready-made reports for sales, products, taxes, payouts, and more to quickly fetch essential store accounting data.
• Custom Reports: Use the Report Designer to create tailored accounting reports with custom-calculated fields based on specific business logic.
• Filter, Sort, Send: With filtering and sorting options, you can easily trim and manipulate accounting data results and then send accounting reports via email, FTP, Google Sheets, or Google Drive.
• Integrations: Connect with third-party applications to merge accounting data for enhanced marketing, accounting, and fulfillment insights.
• Multi-store Friendly: Generate unified accounting reports across multiple stores, accommodating different languages and regions for comprehensive business analysis.
• Export Formats: Export accounting reports in Excel, CSV, and PDF formats for convenient sharing and further analysis.

Pros:

• Comprehensive pre-made and custom accounting capabilities.
• Support for custom-calculated fields and advanced accounting data manipulation.
• Integration with third-party applications for expanded functionality.
• Multi-store support with unified accounting across different regions.
• Various export options, including Excel, CSV, and PDF.

Cons:

• It may require familiarity with accounting report design for optimal use.

Pricing:

• Free
• Basic Shopify: $9/month
• Shopify: $19/month
• Advanced: $35/month

Rating: 5/5 (1,547 reviews)

3. Better Reports

Better Reports app provides comprehensive tools to analyze and automate accounting for your Shopify store. Whether you're examining sales, payments, inventory, customers, payouts, or more, this app offers robust features to explore and manage your store's accounting data effectively.

Highlight Features:

• Multi-Store Accounting: Consolidate accounting data from multiple Shopify stores into one dashboard for centralized analytics.
• Explore All Store Accounting Data: Analyze tags, metafields, attributes, and more to gain deeper insights into your store's performance.
• Custom Accounting Reports and Metrics: Create tailored accounting reports using custom fields, metrics, and formulas, allowing for detailed accounting data analysis.
• Multiple Chart Visuals: Visualize accounting data with various chart types to better understand trends and patterns.
• Complimentary Report Service: Utilize a complimentary service to build custom accounting reports based on your specific needs.
• Share and Export Accounting Reports: Easily share or export accounting reports to PDF, Excel, CSV, or Google Sheets for seamless collaboration and analysis.
• Scheduled Accounting Reports: Automate accounting report delivery via email or Google Sheets at expected intervals, ensuring timely access to critical insights.
• POS Support: Integrate with point-of-sale systems for unified accounting across online and offline sales.
• Multi-Currency Support: Handle transactions and accounting in multiple currencies to accommodate global operations.

Pros:

• Comprehensive tools for analyzing and automating accounting.
• Customizable accounting reports with support for custom fields and metrics.
• Visualize accounting data with multiple chart types for better insights.
• Complimentary service for custom accounting report creation.
• Seamless sharing and exporting of accounting reports across various formats.

Cons:

• It may require familiarity with accounting data analytics and accounting tools for optimal use.

Pricing:

• Basic Shopify: $19.90/month
• Shopify: $39.90/month
• Advanced Shopify: $149.90/month
• Shopify Plus: $299.90/month

Rating: 4.9/5 (1,067 reviews)

4. TrueProfit: Profit Analytics

TrueProfit is a Net Profit Analytics platform that provides real-time insights into your Shopify store’s accounting performance. It automates the tracking and accounting key metrics, allowing you to focus on maximizing your net profit effortlessly.

Highlight Features:

• All-Store View: Consolidate accounting data from multiple Shopify stores into one dashboard for holistic performance analysis.
• Net Profit Tracker: Monitor your accounting health with a real-time Profit Dashboard that shows your store's net profit at a glance.
• Auto-track All Costs: Automatically sync costs such as COGS, shipping costs, transaction fees, taxes, and custom expenses to calculate your net profit accurately.
• Real-time Ad Spend Sync: Sync advertising spends from platforms like Facebook, Google, TikTok, Bing, Snapchat, and Amazon to understand their impact on your net profit.
• Product Analytics & Marketing Attribution: Analyze net profit at both product and ad levels to optimize your marketing strategies effectively.
• Customer Lifetime Value (LTV): Calculate and track LTV to understand your customer base's long-term profitability.
• Profit & Loss (P&L) Report: Generate comprehensive P&L accounting reports to assess your store’s accounting performance over time.
• Mobile App: Access your store’s analytics and insights on the go via the TrueProfit mobile app.

Pros:

• Provides real-time insights into net profit and accounting health.
• Automates tracking of costs and advertising spends for accurate profitability analysis.
• Offers detailed product-level and ad-level analytics.
• Mobile app for convenient access to analytics on the move.
• Comprehensive P&L accounting reports and customer LTV tracking.

Cons:

• It may require familiarity with analytics platforms for total utilization.

Pricing:

• Primary: $25/month
• Advanced: $50/month
• Ultimate: $100/month
• Enterprise: $200/month

Rating: 4.9/5 (413 reviews)

5. Mipler: Advanced Reports

Miller empowers Shopify store owners to build custom accounting reports quickly and dashboards to analyze their performance. It offers robust tools to visualize accounting data using metrics and points such as meta fields, tags, and other properties. From sales analytics and accounting reports to tax and inventory analysis, Mipler provides comprehensive insights tailored for Shopify Plus stores and supports merging accounting data from multiple stores into unified reports. It seamlessly integrates with Google Sheets for enhanced accounting data management.

Highlight Features:

• Sales Analytics: Analyze sales trends and patterns using real-time accounting data.
• Accounting  Data Export: Export accounting reports in CSV, Excel, or PDF formats for easy sharing and analysis.
• Accounting Reports: Generate detailed accounting reports for informed decision-making.
• Custom Reports and Dashboards: Build custom reports and dashboards to visualize store performance metrics effortlessly.
• Tax Reports: Ensure compliance with automated tax accounting capabilities.
• Inventory Reports: Track and manage inventory levels effectively.
• Customer Analysis: Gain insights into customer behavior and preferences.
• Shopify Plus Compatibility: Tailored features and scalability for Shopify Plus stores.
• Multi-Store Data Merging: Combine accounting data from multiple Shopify stores into unified reports for holistic insights.
• Google Sheets Integration: Seamlessly integrate with Google Sheets for efficient data manipulation and collaboration.

Pros:

• Easy creation of custom accounting reports and dashboards.
• Comprehensive insights using tags, meta fields, and other attributes.
• It supports merging accounting data from multiple stores into one report.
• Seamless integration with Google Sheets for enhanced accounting data management.
• Offers a free report service for custom accounting report creation.

Cons:

• It may require familiarity with accounting data analytics for optimal use.

Pricing:

• Free
• Starter: $19.98/month
• Basic: $29.99/month
• Optimal: $39.99/month

Rating: 4.9/5 (392 reviews)

6. A2X Sync for QuickBooks & Xero

A2X simplifies ecommerce accounting by seamlessly integrating Shopify payout accounting data into accounting software like QuickBooks Online (QBO), Xero, Sage, or NetSuite. It categorizes every Shopify transaction—sales, fees, taxes, refunds, gift cards, and more—into accurate summaries that reconcile perfectly with deposits in your chosen accounting platform. Trusted by leading merchants, accountants, and bookkeepers, A2X saves time on bookkeeping, ensures accurate tax tracking and cost of goods sold (COGS) management, and enhances accounting quality.

Highlight Features:

• Accounting Professional Access: Connect with accounting professionals specializing in Shopify through the A2X Directory.
• Automated Ecommerce Accounting: Automate accounting processes across all sales channels, including POS systems.
• Accurate Transaction Tracking: Track Shopify payout accounting data accurately in QuickBooks, Xero, Sage, or NetSuite.
• Tax Rule Assignments: Assign tax rules to every Shopify transaction type to prevent overpaying taxes and ensure compliance.
• COGS Management: Match cost of goods sold (COGS) with Shopify sales for precise accounting.

Pros:

• Seamless integration with major accounting software platforms.
• Accurate categorization and reconciliation of Shopify transactions.
• Helps prevent overpayment of taxes with detailed tax rule assignments.
• Improves COGS management and accounting visibility.
• Access to specialized accounting professionals through the A2X Directory.

Cons:

• It requires an understanding of accounting software integration for optimal use.

Pricing:

• Mini: $29/month
• Basic: $45/month
• Professional: $79/month
• Advanced: $115/month

Rating: 5/5 (284 reviews)

7. Report Toaster: Custom Reports

Report Toaster, developed by Cloudlab, is an advanced accounting and analytics app designed for Shopify merchants. It harnesses real-time accounting data to enable the creation, customization, automation, export, and sharing of comprehensive accounting reports across multiple Shopify stores. Featuring robust tools like customizable columns, powerful filters, multi-column sorting, and support for calculated fields, Report Toaster empowers users to analyze and visualize accounting data effectively.

Highlight Features:

• Multi-Store Accounting: Using unified accounting capabilities, compare and analyze accounting data from multiple Shopify stores.
• Accounting Data Analysis: Group, aggregate, and compare accounting report data over time to uncover trends and make informed decisions.
• Scheduled Accounting: Set up automated accounting report delivery via email, SMS, or Slack to ensure timely access to critical accounting data.
• Calculated Fields: Utilize calculated fields to track commissions, set up aging accounting reports, or extract accounting ata from tags and meta fields.
• Export Options: Export accounting reports in PDF or CSV formats for easy sharing via email or analysis in Excel.
• Live Report Sharing: Share live accounting report links with staff or third parties for real-time collaboration and insights.
• Customization Tools: You can customize accounting reports by adding columns, applying powerful filters, and sorting accounting data to suit specific accounting requirements.
• 120+ Report Templates: Choose from various pre-designed report templates to quickly create and save custom reports tailored to your business needs.

Pros:

• Extensive library of accounting report templates for quick setup.
• Flexible export options and automated delivery for efficient sharing.
• Supports multi-store accounting for comparative analysis.
• Robust customization tools for tailored accounting.
• Real-time data access enhances decision-making.

Cons:

• Potential learning curve for users unfamiliar with advanced accounting tools.

Pricing:

• Free
• For Basic/Shopify: $9/month
• For Advanced: $30/month
• For Plus: $150/month

Rating: 4.9/5 (204 reviews)

8. Polar Analytics

Polar Analytics transforms your accounting data into actionable insights quickly. Centralize all your accounting data sources in one place effortlessly using our 1-click setup. Start making informed decisions within minutes, eliminate manual accounting, and gain a competitive edge in your market. Our platform requires no coding skills to set up and offers hands-on support to configure your dashboard for optimal performance.

Highlight Features:

• Omnichannel Reporting: Manage multiple brands and stores with omnichannel accounting capabilities, consolidating accounting data for comprehensive analysis.
• Snowflake Database: Secure your accounting data with your private and flexible database for enhanced accounting data security.
• 1-Click Integrations: Easily integrate accounting data from Shopify, Amazon, Google, Meta, Tiktok, Klaviyo, and more with just a single click.
• Custom KPI Dashboards: Create custom dashboards with key performance indicators (KPIs) such as spending, Customer Acquisition Cost (CAC), Lifetime Value (LTV), Return on Advertising Spend (ROAS), Conversion Rate (CVR), Cohorts, Inventory management, and more.
• Real-time Alerts: Stay informed with real-time alerts, ensuring you never miss critical conversion rate changes or metrics.

Pros:

• Streamlined setup with 1-click integrations and pre-loaded metrics library.
• Customizable KPI dashboards tailored to your specific business needs.
• Secure accounting data handling with a private Snowflake database.
• Real-time alerts for proactive decision-making.
• Omnichannel reporting supports multi-brand and multi-store operations.

Cons:

• Initial setup may require some configuration for optimal dashboard performance.

Pricing:

• Free to install
• Analyze: $300/month
• Analyze & Enrich: $350/month

Rating: 5/5 (117 reviews)

9. sevdesk

sevdesk - Automate your bookkeeping processes with our integrated solution designed for Shopify. Save time and reduce manual effort through live synchronization of order accounting data and automatic creation and sending of invoices, credit notes, refunds, and payment records. Ensure legal compliance and streamline accounting operations with dynamic text replacement, historical order imports, multi-account management, and DATEV export readiness.

Highlight Features:

• Live Sync and Order Accounting Data Synchronization: Automatically synchronize order data to keep your records updated in real-time.
• Historical Order Import: Import historical order accounting data into your bookkeeping system for comprehensive record-keeping.
• Multi-Account Management: Manage multiple Shopify stores seamlessly with dedicated account management per shop.
• DATEV Export: Export accounting data in DATEV format for simplified tax compliance and receipt management.
• Legal Compliance: Ensure compliance with synchronized invoices, credit notes, and tax accounting data capture.
• Invoice and Credit Note Automation: Create and send invoices, credit notes, refunds, and payment records automatically.
• Dynamic Text Replacement: Customize invoices and refunds with dynamic text replacement for personalized customer communications.
• Email Automation: Automatically email invoices, credit notes, and payment confirmations to streamline customer communication.

Pros:

• Saves time and reduces manual accounting data entry.
• Automates invoice and credit note creation and emailing.
• Supports multi-account management for multiple Shopify stores.
• Ensures legal compliance with synchronized tax and payment data.

Cons:

• Specific pricing details and user ratings not provided.
• May require initial setup and configuration for optimal performance.

Pricing:

• Free to install
• Basic: $9/month
• Professional: $14/month
• Advanced: $19/month

Rating: 4.5/5 (118 reviews)

10. Profitario ‑ Profit Analytics

Profitario simplifies accounting management by automating the import and accounting of data from various sources, including Shopify, AliExpress, Facebook Ads, PayPal, and more. This automation streamlines the process of calculating net profit, margins, disputes, and customer lifetime value, allowing merchants to track their business performance accurately without manual effort. Say goodbye to hours spent on accounting and gain confidence in your business's accounting health with Profitario.

Highlight Features:

• Automated Profit Accounting: Automatically import and accounting report on accounting data from multiple platforms to calculate net profit, margins, and customer lifetime value seamlessly.
• Accounting Confidence: Trust in accurate accounting data to make informed decisions and confidently foster business growth.
• Smart Integrations: Utilize integrations and Chrome extensions to simplify workflow and enhance efficiency in accounting management.
• Time Savings: Save time formerly spent on manual accounting calculations and accounting tasks.
• Free Trial: Enjoy a free trial period of 14 days, suitable for stores of all sizes, to experience the benefits of automated profit accounting firsthand.

Pros:

• Streamlined automation of accounting processes.
• Integration with major platforms for comprehensive accounting data import.
• Time-saving benefits with reduced manual effort.
• Free trial period available for initial assessment.
• Enhances accounting confidence and decision-making.

Cons:

• Specific pricing details beyond the trial period not provided.
• Initial setup and integration may require configuration for optimal performance.

Pricing:

• Free to install
• Basic: $20/month
• Professional: $50/month

Rating: 4.6/5 (79 reviews)

11. Profit Calc: Profit Calculator

Simplify accounting management with one-click profit calculations and detailed analysis through Profit Calc. Avoid the complexities of spreadsheets and effortlessly gain vital insights into your store's economic performance. Our tool provides real-time accounting reports and breakdowns by order, product, or overall metrics. We seamlessly sync with essential advertising platforms and are optimized for stores utilizing VAT (Value Added Tax) or COD (Cash on Delivery). View accounting data from multiple stores together or separately within the accounting report for comprehensive analysis.

Highlight Features:

• Multi-Store Capability: View and analyze accounting data from multiple stores together or separately within the same accounting report.
• Automatic Profit Calculations: Skip manual spreadsheets with automated profit calculations and insights.
• Detailed Analysis: Gain in-depth insights and metrics in an easy-to-read dashboard format.
• Ad Platform Integration: Sync with Facebook, Google, Bing, TikTok, Snapchat, and Pinterest ads for comprehensive advertising spend analysis.
• Integration with E-commerce Platforms: Compatible with AliExpress, Printful, Printify, CJ Dropshipping, and supports "cost per item" integration for accurate cost analysis.
• Currency Management: Utilizes historical and real-time exchange rates for precise accounting across different currencies.
• VAT and COD Support: Configured to seamlessly handle Value Added Tax (VAT) and Cash on Delivery (COD) transactions.

Pros:

• Simplifies accounting analysis with automated calculations and detailed insights.
• Integrates with major ad platforms and e-commerce tools for comprehensive accounting data synchronization.
• Supports multiple stores and various transaction types like VAT and COD.
• Real-time and historical currency rate integration for accurate accounting.

Cons:

• Initial setup and configuration may be required for optimal integration with individual stores.

Pricing:

• Basic: $29/month
• Advanced: $39/month
• Pro: $79/month
• Unlimited: $149/month

Rating: 5/5 (65 reviews)

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Choosing a Shopify Accounting App

When selecting an accounting app for your Shopify store, consider these essential factors to ensure it meets your business needs effectively:

Integration Capability: Start by assessing how well the accounting app integrates with Shopify and other crucial platforms you use. Seamless integration ensures smooth data flow between systems, minimizing manual entry errors and saving valuable time.

Feature Set: Evaluate the app’s features to match your specific accounting requirements:

• Core Accounting Functions: Ensure the app covers essentials like invoicing, expense tracking, and financial.
• Automation: To streamline operations, look for automation capabilities in tasks such as reconciliation, tax calculations, and accounting report generation.
• Customization: Select apps that allow you to customize accounting reports, invoices, and accounting documents to align with your branding and business needs.
• Multi-Currency and Tax Handling: If your business operates internationally, verify the app supports multi-currency transactions and complies with diverse tax regulations.

Usability and User Interface: Opt for an app featuring an intuitive user interface that makes navigation and usage straightforward. An easy-to-use interface reduces your team's training time and enhances productivity in managing accounting tasks.

Security and Compliance: Prioritize apps prioritizing data security and compliance with industry standards such as GDPR and PCI DSS. Robust security measures safeguard sensitive accounting information and ensure regulatory compliance, enhancing trust and reliability.

Customer Support and Reputation: Check customer reviews and ratings to gauge the app’s reliability and customer service quality. Look for apps with responsive support channels, comprehensive documentation, and a reputation for resolving issues promptly.

Pricing Structure: Consider the app’s pricing plans and how they align with your budget and business size. Compare pricing tiers based on features included, transaction volumes, and additional costs for integrations or support services. Choose a plan that offers scalability and value for money as your business grows.

Conclusion

Selecting the right accounting app for your Shopify store is a crucial choice that can greatly influence your business's accounting efficiency and growth. By carefully evaluating integration capabilities, feature richness, usability, security measures, customer support quality, and pricing structure, you can make a decision that suits with your business needs.